European stocks extend gains: Germany’s DAX surges 3%, France’s CAC 40 up 2.18%, Euro Stoxx 50 rises 2.43%, Switzerland’s SMI up 2.07%.
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ECB's Nagel: The world economy is in a very delicate situation. There is a lot of uncertainty, we have to be cautious
White House: There will be no unilateral reduction in tariffs against China. Trump won't give up on fair trade practices. It's not fair to say Trump is softening.
China's Foreign Ministry: China and US have not held consultations and negotiations on tariffs.
🚨China's Foreign Ministry: US tariff 'tsunami' disrupts WTO rules, harms people of all countries.
🚨China's Commerce Ministry: Any content about China-US economic and trade negotiations is 'groundless and has no factual basis'
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